P&Q’s Must Reads: More B-Schools Make Overtures To Laid-Off Tech Workers

Hello everyone  –- Welcome back to Poets&Quants’ Must Reads, a quick, digestible recap of the top business school news, sponsored by Purdue University’s Online MBA program.

I’m your host, Kristy Bleizeffer, and I’ll be highlighting the most important P&Q stories you might have missed. So, let’s get to it. 

No. 1: More B-Schools Make Overtures To Laid-Off Tech Workers

Last week, Northwestern Kellogg announced plans to court thousands of tech workers by waiving their test requirements to any laid off techie. Other schools are following suit. 

MIT Sloan School of Management, plans to extend its round-two deadline for recently laid off employees from January 18 to February 23, 2023. Meanwhile, Indiana University Kelley School of Business, is offering laid-off tech employees GMAT/GRE test waivers as well as application fee waivers — and touting an array of scholarships that are available for admitted applicants.

You can read more about the latest wave of layoffs and business school response on our homepage. 

No. 2: Acceptance Rates At The Top OMBA Programs Of 2023

These days, online MBAs actually account for more students in the U.S. than the traditional residential programs. And there’s no shortage of schools to choose from. 

If you’re considering an online MBA or looking for programs, be sure to check out 2023 programs of the best programs in the U.S. 

This we also have several deeper dives into all the data the ranking collected. That includes the admission rates for all the programs we ranked.

The hardest online program to get into? The Jack Welch Management Institute.

Find all the admissions data in our news tab as well as stories on diversity, tuition and cost.

No. 3: IIM-Ahmedabad May Phase Out Its Two-Year MBA 

The Indian Institute of Management at Ahmedabad expects its two-year MBA program to be phased out over the next ten years.

Long one of India’s leading MBA options, IIM has been losing ground more recently in global rankings, but is still the highest ranked MBA program in India. It echoes a continuing trend in the U.S. in which some second-tier schools have shuttered their two-year programs as others have started adding one-year options or even hybrid programs. 

The school publicly said that it thinks the two-year MBA will slowly phase out of the Indian market. “Given the rapid pace of change, spending two years in an educational institute learning management seems like a little waste of time,” one school official said.

Read more in our trending tab. 

No. 4: Our Weekly Round Up of  News You Can Use

No matter where you are in your MBA journey, we bring several helpful stories for you this week.

First up: Don’t miss our second annual $50,000 pitch competition with Washington University’s Olin Business School. The BIG IdeaBounce® is a pitch contest open to all current business school students. Submit your idea in an easy-to-complete online form by January 15, 2023. Get full entry details, and more on that $50,000 prize, in our news tab.

Next: For those still looking for the right programs, we have the latest employment reports from Wharton’s class of 2022. The highlights: The most tech hires ever for the school, plus an impressive 12.9% jump in base salary. You can also peruse jobs reports for other top schools like MIT Sloan,  Duke Fuqua, and Chicago Booth in our news tab. 

Finally: So, you’re applying for an MBA. Do you know what your digital profile says about you? If you’re unsure, take a minute to check out this helpful story: “How To Optimize LinkedIn When Applying For The MBA.” You’ll find it an other helpful stories in our admissions tab.

And, that’s it for this week’s Must Reads recap. 

I also want to alert all the school seekers out there to CentreCourt’s upcoming MBA Festival, where you’ll get front-row seats to leaders of some of the top MBA programs. Our next event is February 7-8, and is the must-attend event for any serious MBA candidate. Register now for free.

Again, I’m Kristy Bleizeffer, and you can join me next week, right here, for a recap of what’s important in the world of business education. Thanks for listening and, as always, stay informed!